EcoWatt offers a Blockchain solution with a green alternative for carbon-neutral crypto mining. It is the first blockchain project backed by physical green power assets. Currently, each token is rated in terms of Watts.
However, their three business model has recurring revenue streams that are used to empower the utility features over time. Renewable energy and plants are some of the things the company produces to contribute to the reduction of global carbon footprint.
The global energy demand from in-person to an online world because of the pandemic has only added to the already existing scarcity.
The need for mass production isn’t stopping the passion to green with renewable energy alternatives. The majority of public perception and government regulators are demanding the carbon footprint should reduce and they should switch to alternative renewable sources.
With the use of blockchain technology, Cryptocurrency has gotten the world’s attention as the best option for passive income.
They need vast amounts of energy to function and go green. Through Carbon Credits, most companies have gotten measures to reduce the carbon impact.
EcoWatt realizes this shift and actually manifests its actions. They also have sustainable farming projects in Sub-Saharan Africa. They prevent tons of CO2 emissions by preventing soil erosion and restoring the water supply.
The green assets portfolio utilizes its recurring revenue streams even though EWT has a fixed supply. Watt has more value to a token utility, and impact also increased. They are also daily staking rewards like low-cost liquidity leverage.
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